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No quick decision seen on tougher EU sanctions on Russia

Jul 24, 2014 at 05:45 | Source: FirstPost

BRUSSELS (Reuters) - European Union ambassadors will debate proposals on Thursday on restricting Russian access to Europe's capital markets and defence and energy technology but are not expected to make a quick decision.Ambassadors from the 28 EU nat...

TCS in milestone march

Jul 24, 2014 at 04:17 | Source: Calcutta Telegraph News

Mumbai, July 23: Tata Consultancy Services (TCS), India’s largest software services player, today became the first domestic company to surpass Rs 5 lakh crore in market capitalisation. On a day when the key indices hit fresh records, the TCS s...

Trai makes caution call to cell firms

Jul 24, 2014 at 04:17 | Source: Calcutta Telegraph News

New Delhi, July 23 (PTI): Telecom regulator Trai today warned that it would review operators’ freedom to fix mobile call and service rates if they increased tariffs beyond the current base rates. “I do not expect headlines tariff to chan...

Syndicate Bank picks focus areas for lending

Jul 24, 2014 at 04:17 | Source: Calcutta Telegraph News

Calcutta, July 23: Public sector lender Syndicate Bank is targeting a 20 per cent business growth in 2014-15 through increased lending to mid-size firms, small scale industries and the retail segment. The bank’s domestic business had registere...

Honda takes wraps off MPV

Jul 24, 2014 at 04:17 | Source: Calcutta Telegraph News

New Delhi, July 23: Honda today launched the Mobilio, its first multi-purpose vehicle (MPV) in India, priced between Rs 6.49 lakh and Rs 10.86 lakh as the Japanese giant aims to attain annual sales of three lakh units in the country by 2017. The Mob...

Thavisha Peiris murder: Man guilty of pizza man's 'frenzied' killing

Jul 24, 2014 at 04:17 | Source: BBC

A man has been found guilty of murdering a pizza delivery worker who was making his last deliveries before moving to his dream job . Thavisha Lakindu Peiris, 25, was found stabbed in his car in Southey Crescent, Sheffield, on 27 October. Shamraze Kha...

Hyderabad trust uses 'zakat' to promote education (Feature)

Jul 24, 2014 at 03:30 | Source: FirstPost

Hyderabad, July 23 (IANS) A Muslim trust here is showing the way how a collective system of 'zakat', an obligatory system of charity in Islam, can lift the community out of poverty and illiteracy.Though many organisations collect zakat and use it for...

TransAsia Airways plane crashes in typhoon-hit Taiwan, killing 47

Jul 24, 2014 at 01:30 | Source: FirstPost

TAIPEI (Reuters) - A TransAsia Airways turboprop plane crashed on its second attempt at landing during a thunderstorm on an island off Taiwan on Wednesday, killing 47 people and setting buildings on fire, officials said.The plane, a 70-seat ATR 72, c...

Suicide bombs in Nigeria's Kaduna kill 82, ex-leader Buhari targeted

Jul 24, 2014 at 01:16 | Source: FirstPost

KADUNA Nigeria (Reuters) - At least 82 people were killed on Wednesday in two suicide bombings in the north Nigerian city of Kaduna, one aimed at opposition leader and ex-president Muhammadu Buhari and another at a moderate Muslim cleric about to lea...

IMF says US growth will be a disappointing 1.7%

Jul 24, 2014 at 00:17 | Source: BBC

The International Monetary Fund has lowered its forecast for US economic growth for the second time this year. It also called for measures to help the poorest, suggesting a boost to the minimum wage and an expansion of tax credits. In its annual repo...

Focus on innovation to boost country's economic growth: DIPP, Secretary

Jul 23, 2014 at 23:32 | Source: Assocham

Indian companies will have to more focus on innovation, comprehensive strategy to boost the country's economic growth, said Mr Amitabh Kant, Secretary, Department of Industrial Policy Promotion (DIPP) at an ASSOCHAM event held in New Delhi today. Th...

Kolkata safer than Delhi, say students from northeast

Jul 23, 2014 at 23:30 | Source: FirstPost

Kolkata, July 23 (IANS) Comments on appearance or the usual questions about whether they are Nepalis are common for students from northeast India who study here in the eastern metropolis.Despite the slurs, the community feels Kolkata is "much sa...

Boeing profits from sales boost

Jul 23, 2014 at 18:57 | Source: BBC

Boeing's profits from April to June were boosted by a strong commercial aircraft sales, the company has said. Net profits rose 52% to $1.65bn (£1bn) from the same period last year. During a quarter which saw the firm deliver its first Dreamline...

Obama, IMF chief to Illuminati: Conspiracy theories on MH17 crash

Jul 23, 2014 at 18:46 | Source: FirstPost

A Malaysian passenger airliner MH17 with 295 people on board was shot down by a missile in Ukraine near the Russian border last Thursday and since then the political blame game has been escalating, with Ukraine and the West blaming Russia for the cra...

China detains five over stale meat scandal

Jul 23, 2014 at 17:37 | Source: BBC

China has detained five people as part of its probe into a firm that allegedly supplied out of date meat to fast food chains, including McDonald's and KFC. State-owned Xinhua news agency said the five were held by the Shanghai police, but did no...

Glaxo profits hit by fall in sales

Jul 23, 2014 at 17:37 | Source: BBC

Drug maker Glaxosmithkline (GSK) has reported a 23% fall in pre-tax profits to £986m from £1.29bn. The company has been hit by a fall in sales and the strong pound which reduces the impact of overseas profits. The group has seen a 10% fall in its d...

Indian IT industry has a big gender gap when it comes to equal pay: report

Jul 23, 2014 at 14:14 | Source: FirstPost

New Delhi: The Indian IT industry faces a severe gender gap not only in terms of number of women in the payroll but also in terms of remuneration as women employees are getting far less pay than their male counterparts, says a Monster.com report.Acco...

How Jokowi, a furniture owner became the face of Indonesian politics

Jul 23, 2014 at 11:12 | Source: FirstPost

Jakarta: When Indonesian furniture business owner Joko "Jokowi" Widodo turned to a career in politics nine years ago, he was a complete novice.But the can-do, clean image he has cultivated as a small-city mayor, and over the past year-and-a...

Typhoon Matmo batters Taiwan, nine hurt

Jul 23, 2014 at 10:12 | Source: FirstPost

Taipei: Typhoon Matmo pounded Taiwan with fierce winds and downpours on Wednesday, leaving nine people injured, shuttering financial markets, and interrupting rail and air transportation.Matmo, packing gusts of up to 173 kilometres (107 miles) per ho...

Key US Congressional committee to review bilateral ties with India

Jul 23, 2014 at 09:55 | Source: FirstPost

Washington: Ahead of the India-US Strategic Dialogue, a key Congressional committee will hold a hearing on India to review bilateral ties and prospects for expanding cooperation with the new Indian government."This hearing will be an opportunity...

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